Why do gasoline prices vary so much from gas station to gas station?
One reason:
Local Chicago news program reports that some gas stations sell gas at a loss to get people in to buy other products (Jewel, Meijer, stations with convenience stores). Chain stations will sometimes sell at a loss when they open a new store to compete with the existing stations in the area.
In an effort to normalize gas prices, illinois legislators are considering introducing a bill that would make it illegal to sell gas at a loss, much like a law on the books in Wisconsin.
In other words, we might someday be assured that we'll all get to pay the same high price for gasoline everywhere we buy it.
3 comments:
Best Buy had the same philosophy with CDs/DVDs. They would sell these items at prices below retail, believing that if the metal-kids came in to buy the new Obituary CD that they'd probably pick up a washer/dryer set while they were in the store.
They lost their ass.
Old Dog is blogging like a madman
Holy pork with cantaloupe, OD.
Look at all these posts!
Old Dog Gone Wild!
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